Are my funds secured or insured?
Funds held in Futures only accounts are not insured. However, through our Clearing Firms (FCM), all futures customer deposits are kept in segregated bank accounts that are held separate from the working capital of the FCM.
This customer segregation protection is a core principle of the Futures industry. By properly segregating customer funds, the assets should be available should any event cause Edge Clear, or our FCM to no longer be in business.
Are my funds Segregated?
Yes, your funds are segregated from the working capital of our FCM's. In order to comply with CFTC 1.25, clearing firms must ensure proper segregation of customer funds. More information can be found below: All customer funds for trading on ...
How do I transfer my funds from an Roth IRA account to Edge Clear Account?
Here is a guide for initiating a transfer from your IRA account to your Edge Clear brokerage account: Contact TSP: Inform TSP of your intent to transfer funds. Get Transfer Forms: Obtain and complete necessary transfer forms from TSP. Provide ...
Funding your account at Edge Clear often requires wiring funds to your segregated account at the FCM. Though most FCMs do not charge a fee for the transfer of funds into an account, they may charge a fee for the transfer of funds out of the account. ...
Minimum Account Size
We typically require $5,000 initial funding for all contracts and $1,500 if you only trade the Micro contracts, however, account size can vary and is dependent on what your objectives are and what markets you plan to trade. Some markets require more ...
Do you accept accounts from Canada?
At Edge Clear, we accept Canadian accounts. Account Options: Canadian residents can open an account at Edge Clear via our clearing partners: Phillip Capital Ironbeam. Funding Information: Minimum funding required to trade micro products is $1500. ...